308, Al Majara Tower 2
Sold prices and rental history: sold once, by the developer in July 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Al Majara Tower 2
What is 308 worth today?
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Source: Dubai Land Department. Updated 10 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,303 sqft
- Floor
- 3rd of 31
- Parking
- 330
- Developer
- Emaar
- Completed
- 2006
- Service charge
- AED 19,700 /yr
- Last sold
- AED 1.93M · July 2017
- Building
- Al Majara Tower 2
About 308, Al Majara Tower 2
308 is a two-bedroom apartment of 1,303 sqft on the 3rd floor of Al Majara Tower 2, a 31-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 24 July 2017 for AED 1,925,000, or AED 1,477 per sqft, 18% below the AED 1,793 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 10 August 2024, is AED 180,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 19,700 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Majara Tower 2, and where 308 sits
All 91 2-beds →308 last sold in July 2017 at AED 1,477 per sqft, 18% below what two-beds in Al Majara Tower 2 were fetching at the time (AED 1,793). Over the last 12 months two-beds sold for AED 3,050,000 to 4,150,000, around AED 2,296 per sqft, and rent for AED 110,000 to 235,000 a year. 308's AED 180,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 1,408 sqft | 3,575,000 | 2,539 | ||
| 14 Aug 202614 August 2026 | 1,579 sqft | 3,550,000 | 2,248 | ||
| 29 Jun 202629 June 2026 | 1,408 sqft | 3,050,000 | 2,166 | ||
| 3 Jun 20263 June 2026 | 1,579 sqft | 3,700,000 | 2,343 |
Al Majara Tower 2
Building246 apartments, 1-bed to 3-bed over 31 floors in Dubai Marina, completed in 2006 by Emaar. 15 sold in the last 12 months.
- Typical price per sqft
- AED 2,166 Up 5.0%
- Typical sale
- AED 2.13M
- Typical rent
- AED 120K /yr
- Typical yield
- 5.3%
Other units on the 3rd floor
All 246 units in Al Majara Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 971 sqft | AED 1.4MAED 1,400,000 · Jan 2011January 2011 | 120,000 /yr | |
| 302 | 2-bed | 1,579 sqft | AED 3.5MAED 3,500,000 · Feb 2015February 2015 | 175,000 /yr | |
| 303 | 1-bed | 974 sqft | AED 1.82MAED 1,820,000 · Jun 2023June 2023 | 120,000 /yr | |
| 304 | 2-bed | 1,408 sqft | AED 2.53MAED 2,525,000 · Jul 2017July 2017 | 190,000 /yr | |
| 305 | 1-bed | 841 sqft | AED 281KAED 281,400 · May 2010May 2010 | 94,000 /yr | |
| 306 | 1-bed | 945 sqft | AED 700KAED 700,000 · Jul 2013July 2013 | 105,000 /yr | |
| 307 | 1-bed | 842 sqft | AED 640KAED 640,000 · Aug 2010August 2010 | 75,000 /yr |
308, Al Majara Tower 2 in numbers
- Sold once: by Emaar on 24 July 2017 for AED 1,925,000, or AED 1,477 per sqft.
- Rented since August 2024 on 2 Ejari contracts, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2017 price is 9.3%, before a service charge of about AED 19,700 a year (AED 15.11 per sqft).
- Two-beds in Al Majara Tower 2 sold for AED 3,050,000–4,150,000 in the 12 months to November 2026; the building's median across all types is AED 2,166 per sqft.
Source: Dubai Land Department. Updated 10 August 2024.
Questions about 308, Al Majara Tower 2
What did unit 308 last sell for?
AED 1,925,000 on 24 July 2017, sold by the developer: AED 1,477 per sqft for 1,303 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 180,000 a year on the contract signed on 10 August 2024. The previous contract, from August 2024, was AED 180,000.
How big is unit 308?
1,303 sqft (121.1 sqm): a two-bedroom apartment on the 3rd floor of a 31-storey tower completed in 2006.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Majara Tower 2 sold for AED 3,050,000 to 4,150,000 in the last 12 months, around AED 2,296 per sqft.
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Mortgage on 308, Al Majara Tower 2
Starts from the last sale price (AED 1.93M, 24 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,925,000
- Deposit, UAE resident (20%)
- AED 385,000
- Deposit, non-resident (40%)
- AED 770,000
- Monthly over 25 years at 3.7%
- AED 7,876
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →